STX- Strath took $32 January Puts STX seems breaking down sharply in the context of global economical slowdown & related industry weakness & sells contraction.
In the technical side STX breaking down from a rising wedge formation, and rising wedge target will be around 30
For trade Strath took $32 January puts, traded for $1.85
You can check our detailed analysis on STX in the trading room/ Executive summary link here-
www.screencast.com
Time Span: 14:50"
Trade Status: Pending
Option
SPG - Short from current price to 182 SPG breaking down a upward channel & could not show upward strength recently. Also a lot of insider selling in the Retail REIT sector.
We think it will break down now & our target is $182
On the option side we are looking for Jan2017 $210 put which trading for $10
You can check our detailed analysis on SPG in the trading room/ Executive summary link here-
www.youtube.com
Time Span: 16:45"
Trade Status: Pending
SNX - Short from 100.93 to 84.SNX is forming a head & shoulder. It has build downward momentum & also has fundamental weakness as well.
We think it will fall down to 84 level.
For the option trade we are looking for Dec $105 put which traded for $7.2
You can check our detailed analysis on SNX in the trading room/ Executive summary link here-
www.youtube.com
Time Span: 13.45"
Trade Status: Pending
GOLD - Long (Option Call) from current price to 110Huge 163 Billion unpaid Government Debt making pressure on Economy & they are weighing on Gold & Silver price. So we will see a tremendous surge Gold & Silver. On the other side Japan, China & KSA selling US bond & this putting pressure on Yield carve, and people would take Gold & Silver as safe investment & eventually this extra demand will push the price higher.
For the trade we bought (Strath) Gold December 2016, $100 call for $.60
PII - Short from current label Overall bearish momentum for mid to small retailers as Big retailers like Amazon & Walmart are killing them. We think PII is a $55 stock trading at $75 & it will break down now.
Overall bearish momentum for mid to small retailers as Big retailers like Amazon & Walmart are killing them. We think PII is a $55 stock trading at $75 & it will break down now.
AUDUSD OPTION LEVELS VOLUME AND OPEN INTEREST (NUMBERS)Volume Put/Open interest Put/Support level
0 2 0.59000
0 20 0.61000
0 2 0.62500
0 25 0.63000
0 1003 0.63500
0 129 0.64000
0 2 0.64500
0 87 0.65000
0 24 0.65500
0 22 0.65995
0 46 0.66495
0 58 0.66995
0 42 0.67490
0 178 0.67990
93 197 0.68485
0 131 0.68985
0 134 0.69485
1 582 0.69980
7 194 0.70475
1 1258 0.70970
17 475 0.71465
27 708 0.71955
1 731 0.72430
12 924 0.72900
22 737 0.73360
3 653 0.73800
56 1374 0.74210
53 646 0.74600
140 205 0.74950
60 121 0.75260
34 30 0.75520
2 22 0.75730
Volume Call/Open interest Call/Resistance
0 10 0.76230
0 3 0.76230
0 32 0.76240
0 143 0.76240
0 194 0.76260
0 105 0.76280
0 144 0.76310
0 181 0.76350
0 281 0.76410
0 1413 0.76500
1 405 0.76610
1 874 0.76760
19 733 0.76950
135 729 0.77190
269 776 0.77480
166 384 0.77820
59 371 0.78210
8 374 0.78630
19 561 0.79080
0 280 0.79550
0 106 0.80030
0 64 0.80520
0 38 0.81015
0 78 0.81510
0 2 0.82010
0 6 0.82505
0 3 0.83005
0 11 0.83500
0 25 0.84000